Quiz 2 - Project Management

Which of the following may generate a milestone list:

• Define Activities
• Sequence Activities
• Estimate Activity Resources
• Estimate Activity Durations

Planning is often called the primary management function because it:

• Creates the vision for the organizational members
• Sets the tone for the organizational culture
• Establishes the basis for all the other functions
• Offers some basis for future decision making

Critical Path Method of network analysis is:

1. Ideally suited for linearly extending works

2. Meant essentially for research and development activities.

3. Activity-oriented

4. Used for planning, scheduling and controlling purposes

• 1 and 2 only
• 2 and 3 only
• 3 and 4 only
• 1 and 4 only

Which one of the following schedules shows the specific activities necessary to complete an activity or work package?

• Project schedule
• Master schedule
• Task schedule
• Internal schedule

When estimating time for activities, a Project Manager should:

• Use the best guess and estimate all activities since there will be changes as the project progresses and more information becomes available
• Involve people who will be doing the work to get estimates
• Estimate for what the cost will allow and include buffers
• None of the above

A project manager has just been assigned to a new project and has been given the preliminary project scope statement and the project charter. The first thing the project manager must do is:

• Create a project scope statement.
• Confirm that all the stakeholders have contributed to the scope.
• Analyze project risk.
• Begin work on a project management plan.

A project manager is employed by a construction company and is responsible for the furnishing of the completed building. One of the first things that the project manager for this project should do is to write a:

• Work breakdown structure.
• Budget baseline.
• Project charter.
• Project plan.

All of the following are characteristics of a project EXCEPT:

• Temporary
• Definite beginning and end
• Interrelated activities
• Repeats itself every month

An example of scope validation is:

• Reviewing the performance of an installed software module.
• Managing changes to the project schedule.
• Decomposing the WBS to a work package level.
• Performing a benefit-cost analysis to determine if we should proceed.

To control the schedule, a project manager is reanalyzing the project to predict project duration. She does this by analyzing the sequence of activities with the least amount of scheduling flexibility. What technique is she using?

• Critical path method
• Flowchart
• Precedence diagramming
• Work breakdown structure